Xerox rebuffs Deason's board nomination plans

FILE PHOTO: Logo of Xerox company is seen on building in Minsk
Thomson Reuters
(Reuters) - Xerox Corp said activist investor Darwin Deason does not have any right to nominate directors to the company's board outside of the nomination window, following his attempt to nominate a full slate of directors.

Deason had attempted to change the board following a lawsuit filed earlier this year as he and fellow shareholder Carl Icahn try to stop Japan's Fujifilm Holdings Corp <4901.T> from taking over Xerox in a $6.1 billion deal.